Question
You are considering investing in Tom's Trampolines - an amusement park considered the bounciest place in the world! Tom's Trampolines stock currently sells for
You are considering investing in Tom's Trampolines - an amusement park considered the bounciest place in the world! Tom's Trampolines stock currently sells for $93.21 per share. You expect the stock will pay a dividend of $6.14 next year and after receiving the dividend, the stock will trade for $29.95 next year as well. If you invest in Tom's Trampolines today by buying today, what rate of return do you expect to earn over the course of the next year?
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